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The insurance market is having a tough time. Costs are rising as risk become tougher. But the best risks see high costs of insurance as a reason to leave the market and insure themselves. The market cycle has been broken. The key now is to understand and manage risks. Alternative risk transfer techniques could be an answer. But finance directors need to understand the whole issue of risk and risk management much better.
Balance Sheet – Emerald Publishing
Published: Dec 1, 2002
Keywords: Insurance; Risk; Risk management
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